I venture a guess here but I think you would need to go back the the 1970's to get a vehicle without any form of ECU onboard.I own several cars with no ecu
Runs fine
I venture a guess here but I think you would need to go back the the 1970's to get a vehicle without any form of ECU onboard.I own several cars with no ecu
Runs fine
That's where I'm stuck. It is an inconvenience for us not to have the minivan. If I knew it would only be 4-6 months, I'd be fine. I don't want to go a full year without the van....
I venture a guess here but I think you would need to go back the the 1970's to get a vehicle without any form of ECU onboard.
If you own anything with an OBD port in it it has a chip in it.I own several cars with no ecu
Runs fine
A few of the automakers have said that this whole exercise has taught them that they do not need to stock as many vehicles at dealerships moving forward, and plan to reduce overall inventory levels even when things get back to normal. They plan to concentrate on their higher margin products and reduce trim lines all in an effort to increase per unit profit for both them and their dealers.
Or repair your existing vehicle. Even having an engine or transmission replaced is going to be cheaper than paying the current additional markup on new cars.With my luck, my current car will blow up and force me to get another car before the bubble bursts.
Welcome to the 21st-century version of inflation, revision 2021.True. KBB trade-in value of my car is $3800 higher than what it was 6 months ago. Average rebates and discounts are down about $2K-$3K, so it is all a wash. It is more the idea that you are paying MSRP or close to it after being used to receiving rebates and discounts. At the end of the day, the numbers would work out virtually the same.
In your example yes. With a truck it's $12,000.00 to $15,000.00 more. I paid $43,000.00 for my 2018 Silverado LTZ. You can't even buy an LT for that right now........
I'm a little dubious of "return to normal". I'm not sure things returned to normal after the Great Recession--instead, prices remained a notch higher afterwards. Now we have had two notches to ratchet up prices, a momentary restriction in the build of new vehicles and then inflation on top of that. I think prices will come down but they will never be at 2019 pricing. But let's be real, 1990's pricing for used cars went out in... the '90s. Inflation has always existed to make it harder to compare prices.Anyone know when the used car market will cool off, calm down, return to prior covid/parts shortage?
My wife and I discussed selling her vehicle as we stand to walk with 7K in profit on something we bought used and owned for a year. While it will be an inconvenience, we will make it work until the market returns to per say "normal." At that point, we would purchase her something similar.
Thoughts?
Thats amazing considering a dealer will make a profit reselling it to someone at an unreasonable price.Yes, I paid 17,300 and was offered $24,585
I would roll that 7k into my kids college funds and my wife's IRA.
Wow, is we're in a personal transportation bubble now? Wow!Thats amazing considering a dealer will make a profit reselling it to someone at an unreasonable price.
Electronic distributor or FI?I own several cars with no ecu
Runs fine
Wow, is we're in a personal transportation bubble now? Wow!
It makes you wonder what the next bubble is going to be like... betting rooster fight?
The housing market was one thing (I was renting back then), but personal transportation in the land of cars is insane. I don't know if anyone in the world trumps us when it comes to automobiles per capita.Tulip Mania baby.
If anything, I think the market will go "upscale" in the future instead of selling loss leaders like before. Basically, you have to buy the mid to top trims because they won't sell you the bottom trim for a good deal.I'm a little dubious of "return to normal". I'm not sure things returned to normal after the Great Recession--instead, prices remained a notch higher afterwards. Now we have had two notches to ratchet up prices, a momentary restriction in the build of new vehicles and then inflation on top of that. I think prices will come down but they will never be at 2019 pricing. But let's be real, 1990's pricing for used cars went out in... the '90s. Inflation has always existed to make it harder to compare prices.
With cars lasting longer (regardless of what we wring our hands over, average car age is creeping up) the used market is keeping more value. So I guess that counts as a third click in the ratchet.
Anyhow. I'm not sure that the new market will have sudden price increases--but I would expect ripple effects so next year's prices are likely to reflect rising prices in everything that goes into building one. If new car prices rise next year then that may be a fourth ratchet in used car prices, but I doubt it, too many people like buying new and won't buy otherwise.